#Tencent
5 stories · 2 issues · daily Tencent news timeline
#Tencent timeline · newest first
Thu, Aug 13
Former Tongyi Qianwen Lead Lin Junyang Founds Pragmatik Labs at a $2 Billion Angel-Round Valuation
A P10 leaves, and two months later commands a $2 billion valuation — China's big tech talent war just changed its unit of account.
Tencent Q2 Revenue Hits 204.8B Yuan, Up 11%, WeChat Ads Drive Growth
The 22% gain in ad recommendation efficiency is currently the only place where Tencent's AI spending can be clearly accounted for.
Lovable raises $400M Series C, valuation doubles to $13.3B in seven months
A 22x price-to-sales multiple is not a bet that the tool is good; it's a bet that the number of people writing software grows by an order of magnitude.
Mon, Aug 10
Unitree Robotics Opens Subscription Tomorrow: Issue Price 150.80 Yuan, Offline Subscription Multiple 2,618x, DeepSeek in Strategic Placement
DeepSeek's stake in Unitree turns the convergence of "brain" and "body" from a forum topic into an equity structure.
Tencent Bets Its Highest-Level Resources on WorkBuddy, Internally Dubbed Its Third Strategic Product After QQ and WeChat
The Hall of Fame's selection criteria have shifted from national apps with hundreds of millions of users to an enterprise AI product — Tencent's definition of "strategic" has changed.